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Potential illustrative scheme
Guide price
£475,000

Residential development for sale

61 Church Gate, Leicester LE1 3AN, & 2-6 Mansfield Street, Leicester, LE1 3DL
Auction
Residential development
11840
Added today

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • Part commercial investment / residential development
  • Freehold, subject to existing lease of 61 Church Gate. Let on a 5 year lease from 01.12.2022 at a rental of £6,000 pax.
  • Guide price: £475,000 £495,000
For Sale by Public Auction on22/04/2026

Location:
The property is located in the city centre near Highcross Shopping
Centre and the junction of Church Gate and St Peter's Lane. It is within the Church Gate Conservation area.

Description:
A substantial corner property comprising two commercial units. This includes a three-storey building with a ground-floor caf and residential accommodation above, providing a total net internal area of approximately 990 sq ft, together with a former factory building arranged over part two and part three storeys, extending to a gross internal area of 10,958 sq ft, with potential for residential conversion subject to planning permission.

Planning:
Potential for commercial and residential redevelopment, subject to planning permission.
An indicative scheme has been drawn up for the redevelopment of the factory to a 6-storey building comprising 4 ground floor retail units and 19 flats above.
Local Authority: Leicester City Council[use Contact Agent Button].

Tenure
Freehold, subject to existing lease of 61 Church Gate.
Let on a 5 year lease from 01.12.2022 at a rental of £6,000 pax.

Solicitors
Parity House, 19A Church Street, Oadby, Leicester LE2 5DB
Ref: K Jamal ~ Tel[use Contact Agent Button]

Accommodation:FlatAssured Shorthold TenancyRent (£) pcm exc.Rent (£) pa exc. Property AccommodationSQFT (SQM) EPC 61 Church Gate [/colour]GroundCafe, kitchen, WC413 (38.35)150, F (expired)FirstLounge, store room with separate shower room309 (28.69)Second2 bedrooms268 (24.8)NIA990 (91.97) 2-6 Mansfield Street BasementStorage2,680 (248.98)87, DGroundWarehouse3,218 (298.96)FirstWarehouse3,223 (299.42)SecondWarehouse1,837 (170.66)GIA10,958 (11,018.03)
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Area statistics

Crime score
High crime
10/10

About this agent

Kal Sangra Shonki Brothers - Auction House
Kal Sangra Shonki Brothers - Auction House
85 Granby Street Leicester, Leicestershire LE1 6FB
0116 484 9720
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Established in 1966, Shonki Brothers, were the first Asian Estate Agents in England. “Customer First” is and will always be our ethos, with this in mind our service is delivered with a fresh and enthusiastic approach by an experienced and friendly team which is second to none.
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